Overview
- Exodus announced the agreement on Nov. 10 and scheduled a Q3 earnings webcast that morning to discuss the deal.
- Grateful’s stack includes a merchant dashboard, wallet-to-wallet payments, QR point-of-sale, ecommerce checkout integrations, offramping, and on-chain invoicing.
- Exodus plans to integrate Grateful’s technology into its multichain self-custodial wallets, with technical and commercial rollout still in development.
- The company said the acquisition targets small businesses and independent workers seeking lower fees, instant settlement and stablecoin-based tools such as invoicing and recurring payments.
- Exodus shares rose about 5% on the announcement, and the move fits a wider push to build stablecoin payment infrastructure as some analysts project up to $1 trillion in annual stablecoin payments by 2030.